Five-way talks raise hopes of breakthrough at WaterfordHOPES OF a breakthrough at Waterford Wedgwood were raised yesterday as five-way talks got under way between the group’s receiver…Sat Feb 07 2009 - 00:00
Foley dealt with rival Waterford biddersTHE FORMER Waterford Crystal boss who is involved with one of the bids for its troubled parent also dealt with a group that is…Fri Feb 06 2009 - 00:00
'Internet squatter' delays Dunne dealAN “INTERNET squatter” has delayed the settlement of a legal row between developer Seán Dunne and hotelier John Brennan over …Fri Feb 06 2009 - 00:00
Kenmare defers repayment of $11mQUOTED MINING company Kenmare has deferred the repayment of $11 million (€8.5 million) due to its lenders yesterday.Tue Feb 03 2009 - 00:00
Waterford receiver hopes firm can be soldWATERFORD WEDGWOOD receiver David Carson hopes a deal for the sale of the troubled group can be done shortlyTue Feb 03 2009 - 00:00
Waterford receiver still seeking investorsWATERFORD GLASS : WATERFORD Wedgwood’s receiver, David Carson, is continuing with his efforts to sell the business to one of…Sat Jan 31 2009 - 00:00
Ulster Bank likely to stand by its manANALYSIS: Despite the setback, the value in the property lies in what can be done with it in the futureSat Jan 31 2009 - 00:00
Waterford Crystal workers stage sit-in over closureOVER 200 Waterford Crystal workers last night pledged to continue a sit-in at the plant in the city after the receiver who has…Sat Jan 31 2009 - 00:00
Acquisitions at Siteserv boost profits to €13.2mACQUISITIONS BOOSTED revenues and profits at building and utility services group Siteserv in the first six months of its financial…Fri Jan 30 2009 - 00:00
Potential buyer of Waterford meets Unite unionWATERFORD WEDGWOOD union representatives yesterday described talks with the troubled group’s latest potential buyer as positive…Fri Jan 30 2009 - 00:00
Second US equity fund set to bid for Waterford WedgwoodA SECOND US investor is lining up a bid for troubled Waterford Wedgwood and intends meeting trade union and Government representatives…Thu Jan 29 2009 - 00:00
Irish banks stage strong recovery to boost IseqDUBLIN REPORT: Iseq: 2,447.77 (+113.81) Settlement date: February 2ndThu Jan 29 2009 - 00:00
Pharma merger may cause job losses in IrelandTHE $68 billion merger of pharmaceutical and biotechnology giants Pfizer and Wyeth will create a single Irish business spanning…Tue Jan 27 2009 - 00:00
Profits at DIY chain dip 75%PROFITS AT the multinational owner of builders’ merchants and DIY chains, Brooks and Tubs And Tiles, were down 75 per cent in…Tue Jan 27 2009 - 00:00
Drinks firm to stop brewing Miller beer in RepublicTHE OWNER of Miller beer plans to stop brewing the lager in the Republic when it ends a contract with the Heineken-owned Beamish…Tue Jan 27 2009 - 00:00
McInerney in loan deals with banksBRITISH BANKS have agreed to extend the repayment date on loans to Irish house builder McInerney Holdings, the group said yesterday…Sat Jan 24 2009 - 00:00
Company shares used as loan securityCHIEF EXECUTIVES and directors of a number of Irish public companies revealed yesterday that they are using shares in these businesses…Sat Jan 24 2009 - 00:00
Waterford could shed 500 jobs if US fund bid succeedsUP TO 500 jobs at Waterford Wedgwood’s Irish operation could be lost if the US fund that is bidding for the company succeeds …Fri Jan 23 2009 - 00:00
Ryanair and CRH drive Irish market performanceThe Irish market was poised to outperform its European peers ahead of official closing prices today, but brokers said it was …Thu Jan 22 2009 - 00:00
Share issue allows Tullow to increase credit to $2bnLISTED EXPLORATION and oil company Tullow is to increase its borrowing capacity to $2 billion after successfully raising £400…Thu Jan 22 2009 - 00:00
Irish Life Permanent plan to raise €1bn through bond saleHOME LENDER Irish Life Permanent (IlP) is still planning to raise €1 billion through a bond sale as soon as markets stabilise…Thu Jan 22 2009 - 00:00
B of I's Goggin to quit one year earlyBANK OF Ireland chief executive Brian Goggin announced yesterday that he will step down in the summer, a year earlier than originally…Tue Jan 20 2009 - 00:00
Tenure began in another eraOUTGOING BANK of Ireland chief executive Brian Goggin acknowledged yesterday that it had been particularly difficult leading …Tue Jan 20 2009 - 00:00
Union 'cautiously optimistic' of home base for Waterford WedgwoodTRADE UNION representatives are “cautiously optimistic” that the company bidding for Waterford Wedgwood will maintain operations…Mon Jan 19 2009 - 00:00
Examinership may not lead to loans being automatically written downBANKS WILL not automatically have to write down the value of secured loans in cases where their clients have gone into examinership…Mon Jan 19 2009 - 00:00
Anglo's board and auditors criticised at egm Shareholders told FitzPatrick owed bank a total of €129m in 2007MANSION HOUSE EGM: DONAL O’CONNOR, the new chairman of Anglo Irish Bank, told shareholders at an extraordinary general meeting…Sat Jan 17 2009 - 00:00
Gaming firm to cut costs by $13mIRISH-BASED gambling and gaming software developer CryptoLogic expects profits this year to reach between $9 million (€6Fri Jan 16 2009 - 00:00
CRH pulls out of $540m deal after challenge by watchdogBUILDING MATERIALS giant CRH has pulled out of a $540 million (€410 million) purchase after the US monopolies watchdog halted…Thu Jan 15 2009 - 00:00
Government to nationalise Anglo Irish BankThe Government is set to take full ownership of troubled Anglo Irish Bank to safeguard the troubled financial institution’s future…Thu Jan 15 2009 - 00:00
ECB cut fails to halt Iseq slideThe Irish market slipped again today as European markets continued their fall, but sustained less damage than its peers.Thu Jan 15 2009 - 00:00
Waterford Crystal CEO latest board member to resignWATERFORD CRYSTAL chief executive John Foley became the latest boardroom casualty of the company’s current crisis when he resigned…Wed Jan 14 2009 - 00:00
Waterford unions to discuss pensions with StateUNION REPRESENTATIVES will discuss the pension crisis facing Waterford Wedgwood workers with the Government on Monday, ahead …Sat Jan 10 2009 - 00:00
Upgrade of plants to cost Endesa €450mSPANISH UTILITY Endesa plans to spend €450 million on upgrading two of the ESB power plants it agreed to buy last year.Fri Jan 09 2009 - 00:00
Bid for WaterfordA US investment fund that specialises in buying bankrupt and troubled companies is lining up a bid for luxury goods and crystal…Fri Jan 09 2009 - 00:00
10 potential buyers express interest in WaterfordMORE THAN 10 potential buyers are running the rule over troubled luxury goods group Waterford Wedgwood, whose main banker placed…Thu Jan 08 2009 - 00:00
Retention order for office blockDUBLIN CITY Council has given permission to developer Liam Carroll to retain an office block that the courts ruled was built …Thu Jan 08 2009 - 00:00
CRH warns 2009 will be 'extremely challenging'INVESTOR CONFIDENCE that building materials giant CRH is poised to benefit from government spending in the US sent its shares…Wed Jan 07 2009 - 00:00
Ryanair complains on payment deal at Aer LingusRYANAIR HAS asked the Irish Takeover Panel to investigate Aer Lingus’s agreement to pay its chief executive Dermot Mannion €2…Tue Jan 06 2009 - 00:00
Dunne admits he could be insolventTHE DEVELOPER behind one of the biggest property deals in the Republic's history has admitted that he could be considered insolvent…Mon Jan 05 2009 - 00:00
Irish managers among the world's most pessimistic about business in the futureIRISH BUSINESS people’s confidence in the future has collapsed, along with the economy and asset values, a new survey shows. …Mon Jan 05 2009 - 00:00
Hughes bookseller stacks up profits of over €½mAIRPORT AND shopping mall bookseller Hughes Hughes had profits of over €500,000 this year, the latest figures show.Sat Dec 27 2008 - 00:00
Speculation over future of Anglo as shares fall againBank recapitalisation: SPECULATION WAS growing about Anglo Irish Bank's future yesterday as the Government's proposal to inject…Tue Dec 23 2008 - 00:00
Rescue plan pushes bank shares up except AngloDUBLIN REPORT: Iseq: 2,372.52 (+3Tue Dec 23 2008 - 00:00
Mixed welcome to plan from groups involved in businessBUSINESS REACTION : THE REACTION of business groups to the Government's economic plan was mixed yesterday, with some welcoming…Fri Dec 19 2008 - 00:00
Government to invest in public projects to create jobsGENERATING EMPLOYMENT: THE GOVERNMENT plans to shift the focus of the National Development Plan (NDP) to projects that create…Fri Dec 19 2008 - 00:00
€500m fund for start-up business plannedVENTURE CAPITAL PLAN: THE GOVERNMENT plans to set up a series of investment funds for start-up companies worth a total of €500…Fri Dec 19 2008 - 00:00
Audiovisual sector worth €560m to economyFILM, TELEVISION and video production is worth almost €560 million to the economy and employs almost 7,000 people, according …Thu Dec 18 2008 - 00:00
Tullow moves up as overall market lags behind EuropeDUBLIN REPORT: Iseq: 2,472.76 (-38Wed Dec 17 2008 - 00:00
Sales of low-emission cars have doubled since new taxSALES OF cars which produce lower greenhouse gas emissions have more than doubled since new taxes came into force last July,according…Wed Dec 17 2008 - 00:00
Warning banks face €1bn writedownsA HIGH Court ruling in a recent examinership case could leave banks facing writedowns totalling more than €1 billion on loans…Wed Dec 17 2008 - 00:00
